Rajdeep Sardesai Analyses Budget 2026: Market Slump And The 2047 Viksit Bharat Vision

On this India Today special report, Rajdeep Sardesai leads a comprehensive analysis of the Union Budget 2026. The discussion features Rajiv Gowda, National Spokesperson of the Congress, who critiques the government's track record on job creation and agriculture, stating, 'this was a crisis budget' despite welcoming the focus on mental health. Siddharth Zarabi explains the stock market's negative reaction, attributing the slump to the hike in Securities Transaction Tax (STT) on futures and options. Conversely, Rajan Navani, Chairman of JetSynthesys and a prominent industry voice, describes the budget as a 'consolidation' effort aligned with the Viksit Bharat 2047 vision. Navani highlights the significance of the 'orange economy' and the innovative tax holiday for global cloud services until 2047. The programme examines whether the increased capital expenditure and focus on rare earths can offset market skepticism and drive long-term growth for India's youth.

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